Jupiter Life Line Hospitals Limited has executed a hypothecation agreement with HDFC Bank Limited on October 18, 2026, for financing capital expenditure requirements. This disclosure is made pursuant to Regulation 30 read with Schedule III of SEBI Listing Regulations and SEBI Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.
Key Agreement Details
Parties Involved:
- Borrower: Jupiter Life Line Hospitals Limited
- Lender: HDFC Bank Limited
Purpose: Financing for Capital Expenditure of the Company
Financial Terms:
- Term Loan Amount: ₹500 Crore
- Sublimit: ₹300 Crore towards LC (Letter of Credit) facility
- Total Amount Outstanding: NIL (as of execution date)
Security Arrangements:
- Exclusive charge on Dombivli Hospital & Pune Baner Hospital
- Security covers immovable properties and tangible movable assets through mortgage and hypothecation respectively
- Pari-passu charge on current assets and receivables
Relationship Details:
- No shareholding relationship between the company and HDFC Bank
- Parties are not related to promoter/promoter group/group companies
- Transaction does not qualify as related party transaction
- Transaction conducted at arm's length basis
Additional Terms:
- No special rights granted to lender (right to appoint directors, first right to share subscription, or right to restrict capital structure changes)
- No issuance of shares involved in this transaction
- No nominee director appointment or potential conflict of interest identified